Analyst news

• Oil prices book monthly gains as Middle East fears simmer

  28-06-2024 22:12 via rocketnews.com
  Oil futures ended higher Friday, booking monthly gains as investors continued to fret over the possibility of a wider Middle East conflict that could threaten flows of crude out of the region.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures ended higher Friday, booking monthly gains as investors continued to fret over the possibility of a wider Middle East conflict that could threaten flows of crude out of
  
  Read more

• Trump and Biden play blame game on inflation. Here’s what prices did under their watch.

  28-06-2024 22:02 via rocketnews.com
  The biggest surge in inflation in 40 years could end up deciding the 2024 presidential election — and President Joe Biden and former President Donald Trump each sought to outflank each other on the topic in Thursday’s debate.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe biggest surge in inflation in 40 years could end up deciding the 2024 presidential election — and President Joe Biden and for
  
  Read more

• Treasury yields finish higher despite May’s PCE data, for two straight quarters of advances

  28-06-2024 21:55 via rocketnews.com
  Yields on long-term U.S. government debt finished at more than two-week highs on Friday amid a round of selling that may have been driven by traders moving to close out month- and quarter-end positions.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnYields on long-term U.S. government debt finished at more than two-week highs on Friday amid a round of selling that may have been driven by traders moving to close out m
  
  Read more

• Trump Media’s stock erases early gains as markets react to Biden’s uneven debate performance

  28-06-2024 20:17 via rocketnews.com
  Trump Media & Technology Group Corp.’s stock reversed its premarket gains to trade down 1.9% Friday, as investors continued to digest the first presidential debate between incumbent President Joe Biden and former President Donald Trump..
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnTrump Media & Technology Group Corp.’s stock reversed its premarket gains to trade down 1.9% Friday, as investors c
  
  Read more

• Advertisement

• Biden says, ‘I can do this job,’ as betting markets put chance of re-election at new low

  28-06-2024 20:16 via rocketnews.com
  While President Joe Biden offered an upbeat speech Friday in the wake of his widely panned debate performance, his chances of winning this year’s White House race appear to have tumbled.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnWhile President Joe Biden offered an upbeat speech Friday in the wake of his widely panned debate performance, his chances of winning this year’s White House race appear to h
  
  Read more

• Bond market participants brace for bigger deficits under either Trump or Biden

  28-06-2024 20:01 via rocketnews.com
  One of the top takeaways from Thursday night’s televised debate between President Joe Biden and his Republican challenger Donald Trump is that the U.S. faces little prospect of any fiscal restraint in the years ahead no matter who wins the Nov. 5 election.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOne of the top takeaways from Thursday night’s televised debate between President Joe Biden and his Repu
  
  Read more

• Pixar’s ‘Inside Out 2’ is poised to become first film of 2024 with more than $1 billion in ticket sales

  28-06-2024 17:59 via rocketnews.com
  Pixar’s “Inside Out 2” is poised to become the first film to achieve ticket sales of more than $1 billion this weekend, and will be the first film since “Barbie” to achieve that threshold.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnPixar’s “Inside Out 2” is poised to become the first film to achieve ticket sales of more than $1 billion this weekend, and will be the
  
  Read more

• DraftKings (DKNG) Stock Forecast for 2024, 2025–2026 and Beyond

  28-06-2024 16:26 via litefinance.org
  
  In the ever-evolving landscape of online sports betting and gaming, Draftkings Inc. (DKNG) stands out as a prominent player with its innovative platform that allows users to engage in sports betting, and iGaming. Since it first appeared publicly, Draftkings has experienced ups and downs in the stock market, attracting the interest of investors and those who watch the market. With its aggressive expansion and strategic partnerships, the company continually seeks to redefine the digital sports ent
  
  Read more

• Advertisement

• 5 market takeaways from debate as Biden sees ‘incredible pressure’ to step aside

  28-06-2024 14:51 via rocketnews.com
  President Joe Biden will face “incredible pressure to step aside” following his shaky debate performance against Donald Trump Thursday night, though the decision will ultimately be his alone, said Isaac Boltansky, director of policy research at BTIG, in a note.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnPresident Joe Biden will face “incredible pressure to step aside” following his shaky d
  
  Read more

• XAUUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 13:55 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 2370.00 with a target of 2218.46 – 2161.56.Alternative scenario: breakout and consolidation above the level of 2370.00 will allow the pair to continue rising to the levels of 2500.00 – 2560.00.Analysis: the fifth wave of larger degree (5) is forming on the daily chart, with wave 3 of (5) unfolding as its part. Apparently, the third wave of smaller degree iii of 3 is formed on the H4 time frame, and a descendi
  
  Read more

• WTI Crude Oil: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 13:25 via litefinance.org
  
  Main scenario: after correction ends, consider short positions below the level of 87.75 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00.Analysis: supposedly, a downward correction continues developing as second wave of larger degree (2) on the daily chart, with wave С of (2) unfolding as its part. Apparently, an ascending correction is completed as se
  
  Read more

• Peso found support, but only for a short time. Forecast as of 28.06.2024

  28-06-2024 13:21 via litefinance.org
  
  Loss of respect from carry traders, rising volatility, a slowing Mexican economy, and the threat of Donald Trump returning to power make life difficult for USDMXN bears. Let’s discuss it and make a trading plan.Monthly fundamental forecast for Mexican pesoLove and hate are just one step apart. Latin American currencies have long been the favorites of Forex investors, as their high rates and low volatility made them perfect for carry trades. For example, buying the Mexican peso against the
  
  Read more

• USDJPY: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 12:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 157.50 with a target of 165.00 – 170.00.Alternative scenario: breakout and consolidation below the level of 157.50 will allow the pair to continue declining to the levels of 151.68 – 146.44.Analysis: the ascending fifth wave of larger degree (5) of C continues forming on the daily chart, with the third wave 3 of (5) unfolding as its part. The first wave of smaller degree i of 3 and the corrective second wave i
  
  Read more

• GBPUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 12:25 via litefinance.org
  
  Main scenario: upon correction, consider long positions above the level of 1.2515 with a target of 1.3145 – 1.3740.Alternative scenario: breakout and consolidation below the level of 1.2515 will allow the pair to continue declining to the levels of 1.2300 – 1.1965.Analysis: an ascending wave of larger degree B is presumably forming on the daily time frame, with the third wave 3 of (A) of B unfolding as its part. On the H4 chart, a corrective wave ii of 3 is completed, and wave iii of
  
  Read more

• S&P 500 gain in first half of 2024 blows historical average ‘out of the water’

  28-06-2024 11:56 via rocketnews.com
  The S&P 500 is on course to post big gains for the first half of 2024, with its runup in the first six months of this year so far crushing the historical average, according to Bespoke Investment Group
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe S&P 500 is on course to post big gains for the first half of 2024, with its runup in the first six months of this year so far crushing the historical average, a
  
  Read more

• EURUSD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 11:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0612 with a target of 1.0978 – 1.1141.Alternative scenario: breakout and consolidation below the level of 1.0612 will allow the pair to continue declining to the levels of 1.0450 – 1.0217.Analysis: an ascending wave B is presumably developing on the daily chart, with the first wave 1 of (A) of B and the corrective second wave 2 of (A) of B formed as its parts. Apparently, the third wave 3 of (A) of B is deve
  
  Read more

• USDCHF: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 11:25 via litefinance.org
  
  Main scenario: after correction, consider short positions below the level of 0.9222 with a target of 0.8730 – 0.8325.Alternative scenario: breakout and consolidation above the level of 0.9222 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame. As its part, wave 1 of (5) is formed, a bullish correction is completed as second wave 2 of (5), and the third wave 3 of
  
  Read more

• USDCAD: Elliott wave analysis and forecast for 28.06.24 – 05.07.24

  28-06-2024 10:53 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3606 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3606 will allow the pair to continue declining to the levels of 1.3352 – 1.3168.Analysis: the fifth wave of larger degree 5 presumably continues developing on the weekly time frame, with wave (1) of 5 unfolding as its part. The fifth wave of smaller degree 5 of (1) is forming on the daily time fr
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 28.06.2024

  28-06-2024 09:38 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold is trading in an upward correction.Oil price forecast for today: USCrude analysisThe oil price continues to grow and is now testing the Target Zone 82.34 - 81.44. Once the price breaks through this zone, the next bullish target will be the Gold Zone 84.7
  
  Read more

• US Dollar Bullish after First Debate Standoff. Forecast as of 28.06.2024

  28-06-2024 08:55 via litefinance.org
  
  The first presidential debate in the US destroyed the euro's potential rally. The risks of Donald Trump returning to power were higher than the deterioration of the US economy and Frexit. Let's discuss this topic and make a trading plan for EURUSD.Weekly US dollar fundamental forecastAbout a week ago, I noted that EURUSD was stuck between a hammer and a hard place. The hammer of French politics was about to smash the euro, while the major currency pair was facing a slowing US economy, which crea
  
  Read more

• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 28.06.2024

  28-06-2024 08:13 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinThe complex corrective wave [4] continues developing in Bitcoin’s chart, presumably as a triple three pattern (W)-(X)-(Y)-(XX)-(Z). Its four parts have been fully completed. The actionary wave (Z) may be developing at the moment and is likely to end as a double zigzag at the low of 56457.74.Trading plan for BTCUSD for today:Sell 61574.19, Ta
  
  Read more

• Nike wants to sell fewer classic sneakers, roll out more new ones in bid to revive demand

  28-06-2024 01:34 via rocketnews.com
  Shares of Nike Inc. tumbled after hours on Thursday after the athletic-wear giant dimmed its expectations for the year as it grapples with wobbling consumer demand, cuts production on lower-selling classic sneakers and waits for potential gains from newer shoes to take hold.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Nike Inc. tumbled after hours on Thursday after the athletic-wear giant dimmed its expe
  
  Read more

Follow @news_analyst on Twitter!